During emergencies, many investors break their FDs before maturity. This results in loss of interest and may attract premature withdrawal penalties. But, with Bajaj Finance, you can fund financial emergencies without breaking your FD. Instead, take a loan against fixed deposit and get access to funds within just 24 hours.
Here are some benefits of taking a loan against fixed deposit:
High Loan Value: In case of cumulative FDs, get up to 75% of the amount you have invested and get up to 60% of the amount invested in non-cumulative FDs.
Quick Processing: With loan against fixed deposit by Bajaj Finance, get money in your bank within just 24 hours.
No Extra Charges: Fulfil your financial needs and make repayment cost-effectively without any extra charges for foreclosures or part-prepayments.
Minimal Documentation: Get guaranteed approval with single-page documentation and obtain access to funds without hassles.
You can easily fund unplanned expenses by availing a loan up to 75% of your FD amount with Bajaj Finance FD, without affecting your returns at maturity.